AAUs: hot commodity or just hot air?

The December 2008 United Nations Climate Change Conference in Poznan, Poland, may not have made much progress in clarifying the successor to the Kyoto Protocol, but plenty of government-level emissions deals were sealed on the sidelines.

During the talks, Ireland agreed to buy EUR15 million of Assigned Amount Units (AAUs) - government-level emissions credits assigned under the Kyoto Protocol - from Poland, without revealing the quantity of credits involved. Poland also signed an agreement to sell

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